“The former FDIC head has written a young adult novel on the financial crisis. Here’s an excerpt.
Next comes financial crisis fan fiction.
Sheila Bair was head of the Federal Deposit Insurance Corporation, one of the U.S.’s principal bank regulators, from June 2006 to July 2011. When the financial crisis hit, Bair was at the center of the storm. Her latest book on the financial crisis, The Bullies of Wall Street, which comes out on Tuesday, is aimed at a younger audience. The book is a young adult novel/explainer of what happened during the financial crisis, how it may have affected teens, and how U.S. officials responded. In the following excerpt, Bair, tells the story of Matt, a fictional teen who is facing the fact that his beloved dog Attila will have to be put to sleep because his family is about to lose their house to foreclosure. Bair also recounts a meeting she had with President Obama on Air Force One in early 2009.”
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